February 6, 2018 - February 8, 2018

South West Pinnacle IPO Subscription Details

South West Pinnacle IPO Subscription Status Live

South West Pinnacle IPO subscribed 29.42 times. The public issue subscribed 11.70 times in the retail category, 18.04 times in QIB, and 144.16 times in the NII category by February 8, 2018 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	18.04	857,989	1,54,76,800	120.72
Non-Institutional Buyers	144.16	643,096	9,27,08,800	723.13
Retail Investors	11.70	1,498,988	1,75,44,000	136.84
Employees	2.82	80,000	2,25,600	1.76
Others	[.]	0		0
Total	29.42	4,281,600	12,59,55,200	982.45

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 235,200 equity shares not included.

South West Pinnacle IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 February 6, 2018	0.30	0.37	0.36	0.12	0.24
Day 2 February 7, 2018	0.30	1.90	1.68	1.86	0.97
Day 3 February 8, 2018	18.04	144.16	11.70	2.82	29.42

South West Pinnacle IPO Shares Offered

South West Pinnacle IPO is a public issue of 4,516,800 equity shares. The issue offers 1,498,988 shares to retail investors, 857,989 shares to qualified institutional buyers, and 643,096 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Market Maker	235,200	1.83	5.21%
QIB	857,989	6.69	19.00%
NII	643,096	5.02	14.24%
Retail	1,498,988	11.69	33.19%
Employee	80,000	0.62	1.77%
Total	4,516,800	35.23	100%

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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South West Pinnacle IPO Subscription FAQs

The South West Pinnacle IPO is subscribed 29.42 by February 8, 2018.